AD released its 2023 annual performance report, with attributable net profit of 394.3 billion yuan

Mondo Finance Updated on 2024-02-29

**Star News, AD shares will release the 2023 annual report in the near future, according to the performance express report released on February 28, the attributable net profit profit is 394.3 billion yuan, a year-on-year increase of 38417%。

Explanation of the operating performance and financial condition in the announcement of the performance report:

During the reporting period, the company achieved operating income of 747.7 billion yuan, a year-on-year decrease of 50.1 billion yuan, down 629%, the overall sales of products ** decreased with the adjustment of raw materials**, which was the direct cause of the year-on-year decline in revenue, and the actual pipeline sales volume increased by 1 year-on-year in the reporting period380,000 tons. Although the operating income has declined, the company's operating profit, total profit, and net profit attributable to shareholders of listed companies increased year-on-year17%, mainly due to the year-on-year decline in major resin raw materials**, the increase in sales volume and the year-on-year decrease in the impairment of receivables in the current period.

At the end of the reporting period, total assets amounted to 820.4 billion yuan, down 332% and total liabilities 264.7 billion yuan, down 21 from the beginning of the year05%, the asset-liability ratio is 3226%, a decrease of 724 percentage points, and the overall debt level is low.

The main business of A.D. (002641) is engaged in plastic pipe business and solar energy business.

A total of 3 institutions have rated the stock in the last 90 days, ** 3 ratings.

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